Battle of the Business Models: The Future of Teams and Brokerages in the Real Estate Renaissance w/Brett Jennings

For the past few decades, brokerages have been the mainstay of the real estate business, but as the industry goes into a renaissance, that’s set to change.   Why are so many agents shifting from brokerages to teams, and from teams to ‘team-erages’? Which organizations are most likely to last in the long term, and what can we do to retain more of our agents, regardless of the model we choose?   In this episode, Founder of Real Estate Experts, Brett Jennings returns to explain how to hold on to agents and continue seeing results in an ever-changing business.  "The brokerage industry may be on its heels, but those willing to provide value that leads to success will always stay relevant." -Brett Jennings     Three Things You’ll Learn In This Episode     What makes the traditional brokerage model unattractive to agentsWhere did brokerages go wrong, and what can they do to get back on track?   The key distinction between teams and brokeragesWhy does it seem like so many teams are operating as brokerages with a new name? Is there a major difference?    How to give agents more WITHOUT sacrificing profitabilityThe key to retention lies in providing a ton of resources, but is it possible to do that without shrinking our profit margins?  Guest Bio-    Brett Jennings is the owner and founder of Real Estate Experts. He is an award-winning luxury home marketing specialist and also holds a certificate in negotiation from Harvard Law. In 2017, the Wall Street Journal recognized Brett and his team as one of the top 250 real estate groups in the United States. With over one million agents in the country, this prestigious award places Brett in the top 1/10th of the top 1% among his peers.   Although these statistics are impressive, Brett’s true passion is helping people make smart real estate decisions that positively transform their lives. His extensive background in real estate, finance, and life coaching enables him to draw from a deep well of life experience as he helps his clients make informed, intelligent decisions. In a fluctuating real estate landscape, the expertise and attention he provides are necessary and rare.   Described by his peers and clients as energetic, focused, determined, and engaged, Brett always goes above and beyond. He provides his buyers access to his curated list of over 250 off-market properties, and his sellers benefit from his market-proven home selling process that has set record-breaking prices in almost every neighborhood he sells in. His best-selling book, The New Rise in Real Estate, serves as a further resource for clients wanting to make the most of the current market.   Brett is a charismatic leader who cares as much about his team as he does about his clients. His commitment to delivering a five-star service experience for every client is carefully crafted by a hand-picked, all-star team that consists of transaction coordinators, renovation, marketing, listing, and buyer specialists, all dedicated to offering the highest standard of care in the industry.   To find out more, go to:  https://www.therealexperts.com/agent/brett-jennings/  https://bearealexpert.com/